In the use of credit cards, there are often some issues that are misunderstood by everyone. Today I will give you a relatively complete and detailed introduction to credit card knowledge. I believe that after reading this article, everyone will have a deeper understanding of credit cards. , and at the same time, some unnecessary losses can be avoided.
The editor will talk to you about credit cards.
1. The annual fee will be deducted
The annual fee-free rules for credit cards of various banks are probably not unknown. Just call the customer service to ask. Ordinary cards can basically be offset by the number of purchases, amount, and even points. However, in many cases, if the annual fee of this type of regular card does not meet the bank's annual fee exemption requirement, you can call customer service and firmly ask the bank to waive it. Attitude is very important!
After all, the bank wants us to If you continue to use the card, it is to earn profits, not to earn the annual fee, so some banks will give you another period, usually within 30 days. If the annual fee deduction standard is reached, the annual fee deducted is will be returned.
2. Overdue occurrence
The "China Bank Card Industry Self-Discipline Convention" requires banks to have at least a three-day repayment grace period, which is the repayment date of your credit card 3. During this period You can still enjoy the interest-free treatment. For insurance purposes, please call customer service to confirm before the repayment date.
3. A credit card with a high limit is valuable.
Each bank has different rules for increasing the limit. Generally speaking, go to shopping malls and other points-based places encouraged by banks to swipe your card. The higher the amount of a single credit card transaction, the better. Try to spend the full amount every month, make some installments and cash withdrawals at the right time or only pay the minimum repayment amount. Card users are allowed to actively apply for a limit increase once every three months or six months.
4. Borrowing credit cards
In principle, bank credit cards cannot be borrowed. In fact, neither banks nor merchants can control the borrowing of credit cards. However, if an incident such as a credit card fund dispute occurs, It’s very troublesome, so try to avoid lending your credit card to others.
5. Signature on the back of the card
There is a signature column on the back of the credit card. Many cardholders deliberately do not sign for fear of information leakage. The bank stipulates that the back of the credit card must be signed. Otherwise, the cardholder will bear certain responsibilities if fraud occurs. Signatures and passwords are equally important, and some card gurus also encourage cardholders to set their card purchases to rely only on signatures. This will be beneficial to the cardholders in case of disputes. But we still have to be good citizens. According to bank regulations, we sign the credit card and set the consumption method to password and signature.
6. Stolen use
After discovering that your credit card has been stolen, if you have the card with you, it is best to make a transaction at the nearest store and keep it as evidence, and then call the bank customer service as soon as possible. The phone stated that it was stolen. The bank's compensation is also limited, and the compensation varies depending on the card type.
7. Cherish the interest-free period
The annual interest rate converted from credit card interest is as high as more than 20%. It is best to repay in full during the interest-free period.
8. Whether the consumption on the credit card billing date is counted as within the interest-free period depends on the bank, so if you are aiming for the longest interest-free period, use it after this day.
In short, annual fee deductions, overdue loans, loans, signatures, stolen credit cards, etc. often occur in our daily use of cards. Friends need to understand clearly in case of emergencies, otherwise it will be very difficult. It is likely that some unnecessary losses will occur.